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Serviced studio apartment for sale
Alfreton Road, Nottingham, NG7 3NG
£3,900,000
Alfreton Road, Nottingham, NG7 3NG
£3,900,000
Price History
| Initial price | £4,250,000 |
| 17/12/25 | £3,900,000 |
| Price Change | -8.24% |
Description
This modern 35-bedroom apart-hotel in Nottingham's Canning Circus district offers a rare investment opportunity in the thriving hospitality market. The property combines stylish accommodation with a fully electronic guest service system, providing a seamless experience for guests. The ground floor is occupied by a well-established restaurant, adding vibrancy and visibility to the property. The apart-hotel is fully managed by a third-party company, creating a low-maintenance operational model. With an average daily room rate of £55-£99 and a net profit of approximately £337,525 per annum, the property generates a strong net yield of 8.65% before purchaser's costs. The building is held within a single-asset company structure and is situated in a prime location, with easy access to the city centre, universities, and transport infrastructure. This exceptional investment opportunity offers a consistent income stream and long-term growth potential, making it an attractive proposition for investors seeking a hassle-free income stream.